HCL Balance sheet

Jun ' 11 Jun ' 10 Jun ' 09 Jun ' 08 Jun ' 07

Sources of funds
Owner's fund
Equity share capital
Share application money
Preference share capital
Reserves & surplus

137.74 135.76 134.05 133.27 132.74

1.00
2.01
0.47
1.71
5,720.41 4,798.09 3,353.72 3,079.85 3,292.28

Loan funds
Secured loans
Unsecured loans
Total

1,029.87 1,030.51 123.81 25.24

40.77
0.29
366.88 389.92 0.09
0.12
6,889.31 6,333.25 4,001.97 3,240.16 3,465.91

Uses of funds
Fixed assets
Gross block
Less : revaluation reserve
Less : accumulated depreciation
Net block
Capital work-in-progress
Investments

2,880.57 2,293.37 1,957.86 1,599.61 1,332.67

1,584.64 1,349.54 1,100.88 874.32 662.58
1,295.93 943.83 856.98 725.29 670.09
568.73 477.20 417.56 419.03 212.86
2,653.27 2,233.20 562.75 1,797.34 1,988.86

Net current assets

Current assets, loans & advances
Less : current liabilities & provisions
Total net current assets
Miscellaneous expenses not written
Total

4,552.64 4,836.63 4,760.07 2,850.89 2,027.86

2,181.26 2,157.61 2,595.39 2,552.39 1,433.76
2,371.38 2,679.02 2,164.68 298.50 594.10
6,889.31 6,333.25 4,001.97 3,240.16 3,465.91

Notes:
Book value of unquoted investments
2,558.34 2,233.20 562.75 1,797.34 1,988.86
Market value of quoted investments
Contingent liabilities
2,677.49 2,505.21 3,317.46 469.36 418.65
Number of equity sharesoutstanding (Lacs) 6886.89 6787.84 6702.57 6663.40 6636.83

HCL Profit loss account

Jun ' 11 Jun ' 10 Jun ' 09 Jun ' 08 Jun ' 07

Income
Operating income

6,794.48 5,078.76 4,675.09 4,615.39 3,768.62

Expenses
Material consumed
165.31 85.47
Manufacturing expenses
579.27 521.70 592.67 746.92 577.24
Personnel expenses
3,125.87 2,137.82 1,874.10 1,621.35 1,322.59
Selling expenses
23.27
19.85
14.83
29.68
17.82
Adminstrative expenses
1,309.46 900.27 803.82 990.48 913.89
Expenses capitalised
Cost of sales
5,203.18 3,665.11 3,285.42 3,388.43 2,831.54
Operating profit
1,591.30 1,413.65 1,389.67 1,226.96 937.08
Other recurring income
161.25 155.26 158.67 62.85
16.07
Adjusted PBDIT
1,752.55 1,568.91 1,548.34 1,289.81 953.15
Financial expenses
101.39 101.36 35.35
24.93
20.60
Depreciation
291.37 274.03 251.89 217.87 178.21
Other write offs
Adjusted PBT
1,359.79 1,193.52 1,261.10 1,047.01 754.34
Tax charges
91.60
100.01 196.61 94.60
75.87
Adjusted PAT
1,268.19 1,093.51 1,064.49 952.41 678.47
Non recurring items
-69.91 -40.70 -67.18 -171.76 423.35
Other non cash adjustments 3.43
Reported net profit
1,198.28 1,056.24 997.31 780.65 1,101.82
Earnigs before appropriation 3,449.42 2,977.21 2,570.04 2,351.09 2,287.81
Equity dividend
514.49 270.20 469.61 598.58 525.59
Preference dividend
Dividend tax
84.39
45.40
79.73
101.72 81.60
Retained earnings
2,850.54 2,661.61 2,020.70 1,650.79 1,680.62

HCL Cash flow

Jun ' 11 Jun ' 10 Jun ' 09 Jun ' 08 Jun ' 07
Profit before tax
1,289.88 1,152.82 1,193.92 875.25 1,177.69
Net cashflow-operating activity 1,519.39 739.26 587.94 1,056.84 997.93
Net cash used in investing activity -535.03 -1,399.11 306.83 -148.53 -341.46
Netcash used in fin. activity
-882.56 583.38 -215.82 -602.26 -381.57
Net inc/dec in cash and equivlnt 102.86 -79.16
678.95 305.94 274.72
Cash and equivalnt begin of year 64.84
144.00 686.88 380.94 106.22
Cash and equivalnt end of year
167.70 64.84
1,365.83 686.88 380.94

DLF Profit loss account

Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08 Mar ' 07

Income
Operating income

2,916.08 2,307.08 2,827.90 5,496.96 1,101.66

Expenses
Material consumed
6.06
8.72
Manufacturing expenses
848.68 889.25 778.34 2,141.29 237.75
Personnel expenses
89.90
90.50
71.12
103.78 44.82
Selling expenses
53.71
56.92
59.28
45.70
63.42
Adminstrative expenses
143.99 225.45 156.39 128.16 88.51
Expenses capitalised
Cost of sales
1,136.27 1,262.13 1,065.14 2,424.98 443.22
Operating profit
1,779.81 1,044.95 1,762.76 3,071.98 658.44
Other recurring income
1,130.06 896.76 1,006.72 560.74 327.67
Adjusted PBDIT
2,909.87 1,941.72 2,769.48 3,632.72 986.11
Financial expenses
1,286.70 847.24 809.86 447.65 356.25
Depreciation
129.77 126.05 114.08 25.68
9.44
Other write offs
50.40
41.47
37.86
41.79
Adjusted PBT
1,443.00 926.96 1,807.69 3,117.59 620.42
Tax charges
309.05 175.71 261.00 543.52 214.56
Adjusted PAT
1,133.95 751.24 1,546.68 2,574.07 405.86
Non recurring items
105.45 11.80
-2.15
0.16
-0.19
Other non cash adjustments 30.16
2.01
33.05
0.36
1.24
Reported net profit
1,269.56 765.06 1,577.58 2,574.59 406.91
Earnigs before appropriation 4,033.49 3,441.30 3,312.54 2,843.86 930.67
Equity dividend
339.51 339.48 339.44 681.93 340.97
Preference dividend
Dividend tax
11.38
28.91
115.89 57.95
Retained earnings
3,693.97 3,090.44 2,944.19 2,046.03 531.76
Stock market predictions by Satish Gupta

Balance sheet
Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08 Mar ' 07

Sources of funds
Owner's fund
Equity share capital
Share application money
Preference share capital
Reserves & surplus

339.51
339.48
339.44
340.96
305.88
13,470.98 12,490.53 12,035.39 10,928.19 346.92

Loan funds
Secured loans
Unsecured loans
Total

14,700.70 11,590.19 7,979.97 4,945.91 6,242.81

358.85
1,047.67 1,635.00 3,440.49 526.48
28,870.03 25,467.86 21,989.79 19,655.55 7,422.10

Uses of funds
Fixed assets
Gross block
Less : revaluation reserve
Less : accumulated depreciation
Net block
Capital work-in-progress
Investments

2,143.37
400.27
1,743.10
2,199.25
7,037.24

2,002.85
273.84
1,729.02
1,718.51
6,558.88

1,968.40
152.87
1,815.52
1,657.73
2,956.32

1,533.72
59.34
1,474.37
1,781.79
1,839.83

365.58
37.01
328.57
665.03
769.17

Net current assets

Current assets, loans & advances
Less : current liabilities & provisions
Total net current assets
Miscellaneous expenses not written
Total

24,251.81 18,944.48 18,718.62 18,345.94 9,442.25

6,361.36 3,483.03 3,158.40 3,786.38 3,782.93
17,890.45 15,461.45 15,560.22 14,559.56 5,659.32
28,870.03 25,467.86 21,989.79 19,655.55 7,422.10

Notes:
Book value of unquoted investments
7,037.24 6,558.88
Market value of quoted investments
Contingent liabilities
10,141.63 7,423.38
Number of equity sharesoutstanding (Lacs) 16975.72 16973.91

2,956.32
4,875.99
16972.09

1,808.92
30.92
3,047.92
17048.33

758.98
10.19
3,818.81
15294.21

Cash flow
Mar ' 11 Mar ' 10 Mar ' 09 Mar ' 08 Mar ' 07
Profit before tax
1,555.21 943.09 1,808.77 3,117.92 620.33
Net cashflow-operating activity 1,515.13 395.24 1,365.86 -1,505.81 -2,626.83
Net cash used in investing activity -1,949.99 -2,420.00 -1,151.17 -6,482.00 -628.34
Netcash used in fin. activity
419.00 1,434.95 -437.54 8,945.90 3,233.37
Net inc/dec in cash and equivlnt -15.86
-589.80 -222.85 958.09 -21.80
Cash and equivalnt begin of year 169.60 759.40 982.25 24.16
46.05
Cash and equivalnt end of year
153.74 169.60 759.40 982.25 24.25